Phuket Taxi and Transfers

Results 1 to 4 of 4
Like Tree1Likes
  • 1 Post By Minder

Thread: YSLM Scam in Malaysia and now in Thailand

  1. #1
    Cadet Gold
    Join Date
    Apr 2013
    Posts
    425

    YSLM Scam in Malaysia and now in Thailand

    Phuket donor 'got money from dubious investment scheme'

    PHUKET: Chinese businessman Zhang Jian, aka Supachai Rujathon, 26, who became famous across Thailand recently when he donated B34 million – B30 million in cold cash – to Phuket’s Wat Jareonsamanakit, is wanted by the authorities in Malaysia.

    Nattha Thepbamrung
    Wednesday 1 October 2014, 07:52PM

    - See more at: Phuket donor 'got money from dubious investment scheme'



    Cant believe these retards!!

  2. #2
    Foundation Member Thai Dreamer ผู้เพ้อฝัน Minder's Avatar
    Join Date
    Feb 2011
    Location
    Perth , Australia
    Age
    60
    Posts
    3,526
    Someone that gives so much money to a Wat would never lie .... and the business model is sound enough, just ask Bernard Madoff (who got 18 Billion US dollars using with a similar scheme.)

    Sadly I know people who would sign up in a minute if they got the chance...

    The "model" he is using reminds me of the Tim Johnston Firepower scam here in Oz a few years back....

    Firepower International - Wikipedia, the free encyclopedia

    Enjoy...
    Hatari likes this.
    Life is the unexpected ...

  3. #3
    Thai Dreamer ผู้เพ้อฝัน Hatari's Avatar
    Join Date
    Jul 2013
    Location
    Thailand
    Posts
    6,581
    ? 9000 million baht - that's quite a pyramid.
    How could they arrest someone so wealthy, when he could mange an above average backhander?


    Phuket Pyramid Shyster Amassed Fortune in Thailand, China and Malaysia, Say Police
    By Prasit Tarnsirisin
    Tuesday, October 28, 2014

    PHUKET: A Chinese man arrested over a multi-million dollar pyramid scheme in Bangkok is being brought back to Phuket where his allegedly illegal empire across Thailand, Malaysia and China had its base.

    Song Migui, 37, also known as Zhang Jian, the Chinese national who proclaimed himself to be the ''future richest man,'' attracted media attention earlier this year when he gave 30 million baht to a Buddhist temple in Phuket City.

    Police nabbed him in Bangkok after the Anti-Money Laundering Office became involved in examining his unusual wealth. Song Migui was on a blacklist in China, investigators discovered.

    He reputedly had amassed a 6000 million baht fortune in China and a 3000 million baht fortune in Malaysia on the back of the pyramid scheme.

    Two others were arrested in Bangkok, Geng Lian Bao, and Miss Wang Wen Fang.

  4. #4
    Cadet Gold
    Join Date
    Apr 2013
    Posts
    425
    Wonder if Malaysia Police will ask to send him back here for trial.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •